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Technology Stocks : USRX /COMS - and other "stuff"
COMS 0.001700.0%Feb 5 4:00 PM EST

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To: David Lawrence who wrote (227)4/2/1997 2:07:00 PM
From: Wigglesworth   of 5244
 
<<This market really sucks. I ... dropped my Portfolio icon onto the Flight Simulator icon>>

David, If there is a better way to manipulate stock prices, I don't know of one :-)
On Windows 95, my Portfolio icon is inching closer and closer to the TrashCan.

Back to your sucking comment, I was disgusted at the rise in interest rate AFTER the tech swoon, adding insult to injury. This is what Jack Kemp wrote in the WSJ today:
"When the Fed hiked interest rates last week, it was taking a shot in the dark at inflation--not only unable to see its quarry, but unsure even that the quarry exists. Given the markets' reaction to the Fed's action, many investors probably feel like the victims of a drive-by shooting. It is critical for Congress to act immediately to put monetary policy back on track so we don't end up in an economic train wreck."
I don't know enough to argue with either Kemp or Greenspan but drive-by shooting victims? Know I their pain!
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